Globalists Are Engineering a Financial Shock, and Here’s the Proof
From Brandon Smith
At the end of June government leaders from around the world met at the Summit for a New Global Financial Pact in Paris. Participants include United Nations (UN) Secretary-General Antonio Guterres, U.S. Treasury Secretary Janet Yellen, IMF Managing Director Kristalina Georgieva and World Bank President Ajay Banga.
The supposed purpose of the summit was to find financial solutions to the goals of tackling poverty while simultaneously curbing “planet-heating emissions.” As with all climate change related events the discussion in Paris inevitably turned to international centralization of power and the formation of a global consortium to fix the problems that they claim sovereign nations cannot or will not fix.
However, what I’m seeing more and more in the past couple years is a convergence of narratives…
Central banks and global financial institutions are now suddenly more concerned with carbon taxation and global warming than stagflation and economic deterioration. Likely because this was the goal all along.
Economic collapse is part of the plan.
“Climate change” is a smokescreen
Globalists are now using the climate change issue as a Trojan horse for their plans to increase their control over international finance and monetary authority. In other words, they aren’t hiding the fact that the climate change agenda is part of the Great Reset agenda anymore. They are even suggesting that the threat of climate change be used as a springboard for giving global banks even more power to control the distribution of wealth and pull down the existing system so it can be replaced with something else.
Something “better” and “more fair.” Something that they control even more completely.
French President Emmanuel Macron told delegates at the Paris summit that “the world needs a public finance shock” to fight global warming while also creating “equity” for less wealthy nations. He also argued that the current system was not well suited to address the world’s challenges.
Presenters at the event suggested that the international economic framework had been battered by multiple crises, including the pandemic and the war in Ukraine. However, they focused on “the spiraling cost of weather disasters intensified by global warming” as a reason for the ongoing destabilization of financial systems.
This is obviously nonsense, but it fits with the narrative that globalists are trying to engineer.
It goes something like this:
- The purpose of the global financial system is to redistribute wealth
- One aspect of every crisis is financial loss (both direct, on victims, and indirect, including for example lowered productivity or higher insurance rates)
- Central banks, who can’t prevent earthquakes, can address financial loss – usually through money-printing
- So central banks use crisis response as an excuse to engage in monetary inflation
- …which makes crisis victims more dependent on centralized government
- And gives central banks a compelling argument to increase their own power
As we know all too well, in the absence of a media-friendly crisis, globalists are perfectly happy to invent one.
I believe there is no man-made climate crisis, no “anthropogenic global warming,” as I previously described.
But how many people can be made to believe there is a climate crisis, and that it’s an existential threat to our civilization? How can that hysterical fear be exploited?
Never let a crisis go to waste
Mia Mottley, Prime Minister of Barbados advocated re-tooling the roles of both the World Bank and the International Monetary Fund to tackle the climate crisis. She argues: “What is required of us now is absolute transformation and not reform of our institutions…”
This is a common theme among globalists. “Our outdated institutions don’t have the power to prevent disasters.”
In other words, globalist financial institutions should be granted absolute power and trusted to use it responsibly.
UN leader Antonio Guterres said today’s global financial system, which was conceived at the end of World War II under the Bretton-Woods Agreement, was failing to rise to modern challenges and now “perpetuates and even worsens inequalities.”
In other words, he is angling for a new world order.
“We can take steps right now and take a giant leap towards global justice,” he said. He has proposed a stimulus of $500 billion a year for investments in “sustainable development” and “climate action.” There was also a plan presented to use the IMF’s Special Drawing Rights (SDR) currency as a tool to “boost global liquidity.”
Ask yourself: what happened last time central banks decided to boost global liquidity?
That’s right – the worst economic crisis in fifty years.
Central bankers will tell you it wasn’t them – it was Covid and the invasion of Ukraine and climate change.
Nonsense. It was the banks and their use of monetary manipulation that triggered the highest inflation in a generation. Which led to central banks hiking interest rates during a time of economic weakness –which has always caused debt implosion and economic disasters in the past.
The bankers and the globalists caused the problem! They should not be put in charge of fixing it.
Yet, here they are, angling to take control and institute a sweeping Great Reset “global equality” plan to solve the calamity they created.
You could see all of this as simple palace intrigue, bureaucrats jockeying for bigger budgets and farther-reaching mandates. I think this is leading to a much darker place…
The global “wealth tax”
Last year, the UN proposed that developed and emerging economies including the U.S. and China must pay a sort of “success tax” of at least $2.4 trillion a year, due to their carbon emissions. This would create a climate change fund, with money redistributed to poorer nations.
Other ideas on the table include taxing fossil fuel profits and financial transactions, with proceeds going to the climate change fund. (In other words, they hope to tax oil and gas companies until prices become so high the average person can’t afford to drive.)
The French president loves the idea of an international tax on carbon emissions from shipping, ostensibly to make overseas freight more expensive to reduce manufacturing and export demand.
What do these schemes have in common?
All of them would inflate prices – which reduce consumption.
That’s the overt goal. But there is a much bigger scheme at play here.
It’s important to understand that climate change is nothing more than a vehicle to deliver a fully centralized global economic system, likely under the control of the existing globalist institutions like the IMF, BIS, World Bank and the UN.
The annual payment by wealthier nations into global institutional coffers is an act of tribute, a show of fealty. It’s also a way for groups like the IMF to create a system of greater interdependency.
If vast sums of money are flowing through globalist institutions, they become the arbiters of how that wealth is redistributed. They can easily build a system of rewards and punishments.
They can punish countries that don’t slavishly follow their diktat and they can take care of countries that toe the line.
I suspect that this is all culminating in an engineered currency crisis which the globalists will use as an opportunity to finally introduce their CBDC (Central Bank Digital Currency) model. And once CBDCs are implemented, the central banker’s power to dominate the public will be complete. A cashless system with no privacy in transactions and the ability to shut down the bank accounts of individuals and groups at will?
It’s a totalitarian’s dream scenario.
It’s no mistake that the public is being constantly bombarded with global warming propaganda these days – The powers that be need an existential crisis as a fear generator. When people are afraid they don’t think rationally and will often turn to the worst possible leaders for relief. And a global threat requires a global response, right?
Climate change disaster propaganda, if the public embraces it, will allow for a wide array of systemic changes that have nothing to do with the environment and everything to do with financial dominance.
National wealth taxation and redistribution. The imposition of the IMF and World Bank as a mediator for global funds. The use of the IMF’s SDR basket as a de facto global currency umbrella. The injection of CBDCs and a cashless society. None of these things would have any bearing on climate change even if it was a legitimate threat, unless of course the ultimate intent is to destroy the economy to the point that industry dies, trade retracts and the population plummets because survival becomes untenable.
They can spin it however they want, but when the elites call for a “financial shock” they are really calling for a dramatic throttling of the global economic system so that it can no longer meet the world’s needs.
When they call for global taxation and tribute in the name of “equality” they are not trying to make everyone equally rich, they want everyone equally poor. And when they call for the centralized oversight of nations for the sake of saving the planet, what they really want is global governance.
One solution to preserve your personal financial freedom is to diversify your savings with physical precious metals. Gold and silver exist outside the global financial system. They’re one of the very few universally-valued, privacy-first forms of money that can’t be canceled at the push of a button.
If you believe, like I do, in liberty, personal responsibility and freedom, then you probably already know that owning gold and silver is one time-tested way to protect your hard-earned savings from imaginary crises and greedy globalists.
Brandon Smith has been an alternative economic and geopolitical analyst since 2006 and is the founder of Alt-Market.com.
The views and opinions expressed in this article are those of the author and do not necessarily reflect those of Birch Gold Group.2023, brandon smith, Featured, global economy, imf